NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores 
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- EUR/KRW is currently trading around 1,255 mark.
- Pair made intraday high at 1,256 and low at 1,252 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,242 mark.
- A sustained close above 1,255 will take the parity higher towards key resistances around 1,262, 1,269 and 1,272 marks respectively.
- On the other side, a consistent close below 1,255 will drag the parity down towards key supports around 1,242, 1,232, 1,229, 1,222, 1,218, 1,209, 1,203, 1,199 and 1,163 marks respectively.
- Seoul shares open up 0.02 pct at 2036.17.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to go long on EUR/KRW only above 1,257 with stop loss at 1,242 and target of 1,272/1,286.
